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Xiaomi unveils $999+ 17 Ultra in China with three rear cameras, including a 50MP 1" sensor and a 200MP periscope lens; Leica edition gets a mechanical zoom ring (Siddharth/GSMArena.com)

AI sector minted 50+ new billionaires in 2025; Crunchbase: investors poured $200B+ into AI startups in 2025, or about 50% of global funding, up from 34% in 2024 (Alicia Park/Forbes)

Chinese humanoid robot startup Galbot raised over $300M led by China Mobile's industry investment fund at a $3B valuation, bringing its total funding to $800M (Eudora Wang/DealStreetAsia)

Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently (Ian King/Bloomberg)

Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which led Groq's latest financing round in September (David Faber/CNBC)

Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B (Tabby Kinder/Financial Times)

Marissa Mayer's new startup Dazzle, which is building next-gen AI personal assistants, raised an $8M seed at a $35M valuation and plans to exit stealth in 2026 (Marina Temkin/TechCrunch)

A federal judge grants a temporary injunction blocking a Texas law requiring mobile app stores to verify users' ages from taking effect on January 1 (Lauren Feiner/The Verge)

Xbox had a terrible 2025: Microsoft canceled games and raised console and Game Pass prices, Costco stopped selling Xbox, and Valve's Steam Machine upstaged it (Devindra Hardawar/Engadget)

Chinese AI startup Z.ai releases GLM-4.7, an open-weight model that Z.ai says delivers significant improvements in coding performance compared to GLM-4.6 (Z.ai)

FanDuel and CME Group launch a prediction market app called FanDuel Predicts in five US states, just days after DraftKings rolled out a similar product (Denitsa Tsekova/Bloomberg)

Italy's competition watchdog fines Apple €98.6M, saying the company's ATT rules are "disproportionate" and "harmful" to app developers and advertisers (Joe Rossignol/MacRumors)